There are some companies whose reputations speak for themselves—Enron, Lehman Brothers , Madoff , Theranos—where the scandals were so dishonorable you'd think there would be zero chance of a comeback. Well, you'd think. On Monday, a "new" Enron released a press release revealing its "relaunch" to "solve the global energy crisis" just in time for the 23rd anniversary of the company's collapse. Related: How Bernie Madoff's Niece Turned a Family Scandal Into a Mission to Fight Against Pay Inequities There's a new Enron.com website that looks spookily legit, with "Who We Are," "Careers," and "Company Store" options. The store is selling merch (T-shirts, hoodies, vests, sweatshirts), and there's even an "employee" portal. They also have new social channels. The website says a "big" announcement is coming in six days. Is Enron Really Back? It's doubtful. The relaunch appears to be an elaborate prank to sell merchandise. Ars Technica suggests the announcement that is coming in six days could be a crypto coin. Publicly available documents found by CNN reveal that an LLC out of Arkansas called The College Company bought the Enron trademark in 2020 for $275. Connor Gaydos, the co-creator of "Birds Aren't Real," a joke that became a Millennial and Gen Z conspiracy theory, is connected to the LLC. Under the terms and conditions , the website says that it is "protected parody" for "entertainment purposes only," per USA Today . When CNN reached out to the press contact on the new website, they received a reply from New York communications firm Stu Loeser & Co that said they'll "have more to share soon," and declined further comment. Related: From Tom Brady to Kevin O'Leary – See Who Lost Big in the Wake of the FTX Crypto Collapse What Happened to Enron? Formerly based in Houston, Texas, Enron was an energy and commodities company that collapsed in 2001 after executives were found to have majorly overstated earnings and the financial health of the company. Executives, including the CEO as CFO, went to prison after receiving criminal convictions for lying to investors. At the time, Enron held more than $60 billion in assets and the scandal left thousands of victims in its wake. It was one of the biggest bankruptcy filings in the history of the U.S., per Britannica . The corruption also led to the dissolution of Arthur Andersen LLP , which was then one of the largest auditing and accounting companies in the world. Related: From Enron to Bernie Madoff to FTX, This Oil Tycoon Lost Billions to Bad Investments and Ponzi SchemesThe 39-year-old has been a breath of fresh air since succeeding Erik ten Hag, with his personality and approach, coupled with promising early performances, bringing hope back to Old Trafford. Amorim has been touched by his warm welcome but repeatedly urged fans to avoid jumping the gun, having followed a draw at Ipswich with home wins against Bodo/Glimt and Everton. Wednesday’s trip to Arsenal is comfortably his biggest challenge yet and victory would see United move within three points of the Premier League title contenders. Put to Amorim it will be hard to manage expectations if they won in the capital, the head coach said: “I would like to say different things, but I have to say it again: the storm will come. “I don’t know if you use that expression, but we are going to have difficult moments and we will be found out in some games. “And I know that because I’m knowing my players and I know football and I follow football, so I understand the difference between the teams. “We are in the point in that we are putting simple things in the team, without training, and you feel it in this game against Everton, they change a little bit the way they were building up. “They are very good team, and we were with a lot of problems because we cannot change it by calling one thing to the captain. A midweek trip to the capital awaits 🚆 #MUFC || #PL pic.twitter.com/1e6VrILJW3 — Manchester United (@ManUtd) December 3, 2024 “So, we don’t have this training, so let’s focus on each game, on the performance, what we have to improve, trying to win games. And that is the focus. “I know it’s really hard to be a Manchester United coach and say these things in press conferences. We want to win all the time. No matter what. “We are going to try to win, but we know that we are in a different point if you compare to Arsenal. “So, it is what it is and we will try to win it and we go with confidence to win, but we know that we need to play very well to win the next football match.” The trip to Arsenal is the second of nine December matches for United, who are looking to avoid suffering four straight league defeats to the Gunners for the first time. The Red Devils have not won a Premier League match at the Emirates Stadium since 2017, but Amorim knows a thing or two about frustrating Mikel Arteta’s men. Arsenal thrashed Sporting Lisbon 5-1 in the Champions League last week, but in 2022-23 he led the Portuguese side to a Europa League last-16 penalty triumph after a 1-1 draw in London made it 3-3 on aggregate. “Arsenal this year, they play a little bit different,” Amorim said. “They are more fluid. “For example, two years ago when we faced them with Sporting, you knew how to press because you can understand better the structure. “Now it’s more fluid with (Riccardo) Calafiori and (Jurrien) Timber in different sides. One coming inside, the other going outside. Also (Martin) Odegaard changed the team, and you can feel it during this season. “So, you can take something from that game, especially because I know so well the opponent so you can understand the weakness of that team. “But every game is different, so you take something, but you already know that you are going to face a very good team.” This hectic winter schedule means Amorim sidestepped talk of January transfer business ahead of facing Arsenal, although he was more forthcoming on Amad Diallo’s future. The 22-year-old, who put in a man of the match display in Sunday’s 4-0 win against Everton, is out of contract at the end of the season, although the club holds an option to extend by a year. Diallo has repeatedly spoken of his desire to stay at United and it has been reported an agreement is close. Amorim said: “I think he wants to stay, and we want him to stay. So that is clear and we will find a solution.”
NoneJudge hears closing arguments on whether Google's advertising tech constitutes a monopoly ALEXANDRIA, Va. (AP) — The Justice Department and Google have made their closing arguments in a trial alleging Google’s online advertising technology constitutes an illegal monopoly. The arguments in federal court Monday in northern Virginia came as Google already faces a possible breakup of the company over its ubiquitous search engine. The Justice Department says it will seek the breakup of Google to remedy its search engine monopoly. The case in Virginia focuses not on the search engine but on technology that matches online advertisers to consumers on the internet. A judge is expected to rule by the end of the year. ‘Busiest Thanksgiving ever’: How the TSA plans to handle record air travel DALLAS (AP) — The Thanksgiving travel rush is expected to be bigger than ever this year. AAA predicts that nearly 80 million people in the U.S. will venture at least 50 miles from home between Tuesday and next Monday — most of them by car. Thanksgiving Day falling so late this year has altered traditional travel patterns. At airports, the Transportation Security Administration says it could screen a record number of U.S. air travelers on Sunday. Meanwhile, the head of the Federal Aviation Administration says a shortage of air traffic controllers could cause flight delays. Transportation analytics company INRIX says roads could be congested on Monday with both commuters and returning holiday travelers. Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue. The company did provide some preliminary results for its third quarter, including that net sales fell 2.4% to $4.74 billion. It anticipates reporting its full third-quarter financial results by Dec. 11. Newsom says California could offer electric vehicle rebates if Trump eliminates federal tax credit SACRAMENTO, Calif. (AP) — California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov. Gavin Newsom says Monday he'll propose creating a new version of the state’s successful Clean Vehicle Rebate Program, which was phased out in 2023 after funding nearly 600,000 new cars and trucks. Officials didn’t say how much the program would cost or how the rebates would work. Newsom’s proposal is part of his plan to protect California’s progressive policies ahead of Republican President-elect Donald Trump’s second term. But a budget shortfall could complicate California’s resistance efforts. Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. Buffett said he has no regrets about his decision to start giving away his fortune in 2006. Stock market today: Dow hits another record as stocks rise NEW YORK (AP) — U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% Monday to pull closer to its record set two weeks ago. The Dow Jones Industrial Average added 440 points to its own record set on Friday, while the Nasdaq composite rose 0.3%. They got a boost from easing Treasury yields after President-elect Donald Trump said he wants hedge-fund manager Scott Bessent to be his Treasury Secretary. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks finished just shy of its record. Workers at Charlotte airport, an American Airlines hub, go on strike during Thanksgiving travel week CHARLOTTE, N.C. (AP) — American Airlines says it doesn’t expect significant disruptions to flights this week as a result of a labor strike at its hub in Charlotte, North Carolina. Service workers there walked out Monday during a busy week of Thanksgiving travel to protest what they say are unlivable wages. Employees of ABM and Prospect Airport Services authorized the work stoppage. Union spokesperson Sean Keady says the strike is expected to last 24 hours. The companies contract with American Airlines to provide services such as cleaning airplane interiors, removing trash and escorting passengers in wheelchairs. The companies have acknowledged the seriousness of a strike during the holiday travel season. At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting The reaction of those who defended “Morning Joe” hosts Joe Scarborough and Mika Brzezinski for meeting with President-elect Trump sounds almost quaint in the days of opinionated journalism. Doesn't it makes sense, they said, for hosts of a political news show to meet with such an important figure? But given how “Morning Joe” has attacked Trump, its viewers felt insulted. Many reacted quickly by staying away. It all reflects the broader trend of opinion crowding out traditional journalist in today's marketplace, and the expectations that creates among consumers. By mid-week, the show's audience was less than two-thirds what it has typically been this year. Eggs are available -- but pricier -- as the holiday baking season begins Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season. The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. That was up 63% from October 2023, when a dozen eggs cost an average of $2.07. Avian influenza is the main culprit. The current bird flu outbreak that began in February 2022 has led to the slaughter of more than 111 million birds, mostly egg-laying chickens. But the American Egg Board says egg shortages at grocery stores have been isolated and temporary so far. ‘Buy now, pay later’ is more popular than ever. It can cost more than you think NEW YORK (AP) — More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. Experts say the short-term loans can lead consumers to overextend themselves and warn that those who use credit cards for the service face higher interest expenses. The data firm Adobe Analytics predicts shoppers will spend 11.4% more this holiday season using buy now, pay later than they did a year ago.President-elect Donald Trump’s lawyers urge judge to toss his hush money conviction
A limited number of tickets will be available online for $9 apiece during their upcoming Black Friday sale. From Friday to Dec. 2, fans can buy 500-level seats (with a maximum of 11) for 21 games throughout the 2025 season — including seven — against the Boston Red Sox, Washington Nationals, Atlanta Braves, Arizona Diamondbacks and Philadelphia Phillies. A similar promotion ran last season. This is the Jays’ first single-game ticket offering of the off-season. Single tickets for all games will go on sale Dec. 5 at 10 a.m. The Jays open at home against the Baltimore Orioles on March 27.NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction, arguing continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that dismissal is warranted because of the extraordinary circumstances of his impending return to the White House. “Wrongly continuing proceedings in this failed lawfare case disrupts President Trump’s transition efforts,” the attorneys continued, before citing the “overwhelming national mandate granted to him by the American people on November 5, 2024.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated openness to delaying sentencing until after Trump’s second term ends in 2029. Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse the conviction, which involved efforts to conceal a $130,000 payment to porn actor Stormy Daniels, whose affair allegations threatened to disrupt his 2016 campaign. He has denied any wrongdoing. Trump takes office Jan. 20. Merchan hasn’t set a timetable for a decision. A dismissal would erase Trump’s historic conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office. Merchan could also decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option.4 Things the Canadiens Need During Their 5-Game Homestand
Victoria Tower construction beginsI’ve learned that nothing ever goes to plan for the Windsors. Right back to the 1936 abdication crisis, through to Megxit, there’s always a curveball. This year, we had two in the space of 90 minutes. Know the news with the 7NEWS app: Download today It was a cold January afternoon. I’d just returned from covering the accession of King Frederick and Queen Mary in Copenhagen, when the email landed from Kensington Palace: The Princess of Wales was in hospital. Then, before we’d even had a chance to get to the London Clinic in Central London, another email, this time from Buckingham Palace: The King is heading into hospital (the same hospital!) to treat an enlarged prostate. Both, independently were huge stories, but they happened on the one afternoon, and would go on to shape the year for the Royals. Kate has been largely absent after it later emerged she was being treated for cancer. That news was only revealed after the Princess became the victim of a vicious online rumour cycle that suggested a range of theories — from her untimely death to problems with the Royal marriage — in a terrible period of messaging mismanagement by the Kensington Palace Press Office. The King, even at 75 years of age, has been able to undergo treatment, and maintain a remarkable schedule, including their Majesties’ successful tour of Australia. Buckingham Palace, while always refusing to say what sort of cancer the King is suffering from, has managed to make it seem as if we know more than we do. His Majesty has undergone weekly treatments, while still carrying out the important constitutional functions of state. The monarch and his daughter-in-law are said to share a special bond. That bond has grown tighter this year as both have faced similar battles. And in 2025, we’re bound to face even more drama from the Windsors. Because in the greatest real life soap opera the world has ever known – you never know what’s going to happen next. 7NEWS presents - The Seven: 2024 in Review A former President became “Trump the Conqueror”, a stabbing rampage in an Australian shopping centre changed lives forever, the British monarchy was in the spotlight for some of its most personal public moments, escalating conflict in the Middle East, Taylor Swift’s Eras tour fever swept the world and an academic breakdancer became a viral sensation. The past year has been heartbreaking, unpredictable and historic. Now, as 2024 draws to a close, join 7NEWS for a thought-provoking special, The Seven: 2024 in Review, airing this Thursday at 7pm. From personal journeys to shocking tragedies, global conflicts and all the twists and turns of the political rollercoaster, Seven’s frontline journalists share the extraordinary stories behind the events that stopped us scrolling and made us think. The Seven: 2024 in Review will air on Thursday at 7pm on Channel 7 and 7plus .None
Wearable technology developed leveraging the ISS National Lab aims to protect astronauts in deep space KENNEDY SPACE CENTER, Fla. , Dec. 11, 2024 /PRNewswire/ -- The latest issue of Upward , official magazine of the International Space Station (ISS) National Laboratory, highlights the AstroRad vest—a pioneering wearable technology designed to safeguard astronauts from harmful solar radiation during deep-space missions. Developed through a collaboration between StemRad and Lockheed Martin, the vest has undergone extensive testing through the ISS National Lab, leading to significant enhancements in its design and functionality. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.HARIDWAR: Assam Chief Minister Himanta Biswa Sarma described the late former Prime Minister Manmohan Singh as a great leader and slammed the Congress for allegedly politicising his passing just days after the leader's cremation. "All I want to say is that Dr Manmohan Singh was a great leader, he served our country a lot. The politics that Congress has done on the last journey shows their very bad mentality... The same Congress party insulted Pranab Mukherjee ji, when Manmohan Singh ji was the Prime Minister, Rahul Gandhi insulted him and that is in the public domain," CM Himanta Biswa told reporters here. "Congress party has no issue... Congress has started politics in this too...," he added. On Sunday, Assam CM visited and offered prayers at the Narayani Shila Temple in Haridwar. After the Cabinet meeting on Friday, Union Home Minister Amit Shah informed Congress President Kharge and the late Singh's family that the Government would allocate space for a memorial. Meanwhile, cremation and other formalities were to be conducted as a trust needed to be formed and space allocated for the memorial. Manmohan Singh was accorded a state funeral with military honours at the Nigam Bodh Ghat, a public cremation ground in north Delhi, on Saturday. Congress had demanded that the funeral take place at a location where a memorial could be built. The Centre stated that land for the memorial would be earmarked in the next few days. Congress President Mallikarjun Kharge had written to Prime Minister Narendra Modi suggesting that Singh's cremation take place at a location suitable for a memorial to honour his legacy. Manmohan Singh passed away at AIIMS, Delhi, on Thursday night at the age of 92 due to age-related medical conditions. He had a sudden loss of consciousness at home, after which he was rushed to the hospital.SAN MARCOS, Texas (AP) — Diante Smith scored 24 points and Lance Ware added a double-double as UT Arlington beat Texas State 80-72 on Sunday night. Smith shot 9 for 11 (2 for 3 from 3-point range) and 4 of 5 from the free-throw line for the Mavericks (7-7). Ware added 19 points on 8-for-10 shooting and 12 rebounds. Raysean Seamster shot 5 of 10 from the field and 3 of 3 from the free-throw line to finish with 13 points, while adding seven rebounds. Tyler Morgan led the Bobcats (8-5) with 22 points, eight rebounds and four steals. Texas State also got 17 points and two blocks from Tylan Pope. Coleton Benson had nine points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Farage: Badenoch must apologise for ‘crazy conspiracy theory’ on Reform numbers
Ruben Amorim issues storm warning after smooth start with Manchester UnitedThe Los Angeles Chargers activated running back J.K. Dobbins from injured reserve on Friday. Dobbins is formally listed as questionable but figures to be the team's top running threat for Saturday's road game against the New England Patriots. Teammate Gus Edwards (ankle) was ruled out Thursday. Dobbins has missed the past four games since sustaining a knee injury against the Baltimore Ravens on Nov. 25. He was a full practice participant Thursday before receiving the questionable label. The injury-prone Dobbins was enjoying a solid season prior to the knee ailment, with 766 yards and eight touchdowns on the ground and 28 receptions for 134 yards in 11 games. His career high for rushing yardage is 805 for the Ravens in 2020. Dobbins' return comes with the Chargers (9-6) just one win from clinching an AFC wild-card playoff spot. Los Angeles also elevated safeties Eddie Jackson and Kendall Williamson from the practice squad. --Field Level Media